Palantir Technologies’ shares fell 15% following a less-than-expected outlook.

Adjusted PLTR Q1 EPS was 2c. It missed the consensus estimate at 3.4c. The revenue for the quarter was $446.4million, an increase of 31% YoY. This figure is higher than the $442.8million estimate.

Analysts were expecting $110.8 million. Adjusted EBITDA was $121.7 million. The adjusted operating margin was 26 percent in Q1.

Palantir anticipates Q2 revenue to be approximately $470 million. This is less than the $486.8 million projected. Palantir expects a Q2 adjusted operating profit of 20%, and an adjusted operating margin for the full year of 27%.

PLTR said that its annual revenue growth is expected to exceed 30% by 2025.

Vital Knowledge described the outlook as “very light.”

By Senad Karaahmetovic